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Teenager dies in Ondo after smoking Colorado

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19-year-old UNILORIN student kills self after losing N300m to Forex

A 17-year-old boy, identified as Joshua (surname withheld), has died in Akure North Local Government Area of Ondo State after smoking a dangerous substance popularly called Colorado.

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The Guardian learnt the deceased, who was said to have been influenced by peer pressure, smoked the substance with some of his friends at Oba-Ile town on Sunday.
 
According to sources in the neighbourhood, the minor broke down and started displaying psychopathic behaviour after taking three puffs of the deadly substance.
 
Colorado, according to drug experts, is a dangerous substance smoked by youths to enliven their spirit and get intoxicated, most times leading to insanity.
 
It is derived from a synthetic plant and contains heavy metal, which is not healthy for human consumption. It often causes victims to hallucinate and become unstable.
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The late teenager was reported to have been in coma for two days and all efforts to revive him ended in futility, as he gave up the ghost while being rushed to hospital by his mother.

MEANWHILE, a 300-level student of the Department of Agriculture, University of Ilorin, Gbenga Favour Olaoye-Akanbi, has committed suicide after he was allegedly duped by a forex trader, Eseka Chuckwutem Gospel (ESG).
 
This came two weeks after his colleagues called him out as a scammer for failing to pay investors their money to the tune of N300 million.
 
Olaoye-Akanbi was discovered dead on Sunday after ingesting poison. The 19-year-old was said to have invested the funds belonging to his colleagues and friends in a business run by ESG.

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A friend of the deceased explained how they were duped. He said: “The investment in forex. We started the investment together this year. It seems he stopped trading, so he turned indirectly to a Ponzi scheme without the knowledge of those investing.
 
“The late Gbenga collected money from different people to invest with ESG at a certain percentage. Later on, the investment crashed, and the guy was arrested. With the help of some senior police officials, he was released.   
 
“Over time, people that were with ESG as investors are now being pressurised to repay the loan they took. I am one of the investors, too. We were under a lot of pressure to pay up. I think because of this guy’s age, he couldn’t withstand the pressure and committed suicide.”
 
A course mate of the deceased said he lost over N5 million to the scheme. “He kept assuring us that forex is not a Ponzi scheme and that he had back up funds, enough to pay every one of his investors their capital and profits even if things went wrong.”

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